Exchange rate determination for imported goods prescribed, affecting stamp duty calculation and customs valuation under statutory powers. Prescribes exchange rates for specified foreign currencies into Indian currency and vice versa for calculating stamp duty and for section 14 of the Customs Act in relation to imported goods, superseding an earlier notification and fixing the rates effective 1st August 1992 by listing each currency with the amount equivalent to Rs.100 in the Schedule.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for imported goods prescribed, affecting stamp duty calculation and customs valuation under statutory powers.
Prescribes exchange rates for specified foreign currencies into Indian currency and vice versa for calculating stamp duty and for section 14 of the Customs Act in relation to imported goods, superseding an earlier notification and fixing the rates effective 1st August 1992 by listing each currency with the amount equivalent to Rs.100 in the Schedule.
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